Rockland Trust Co. Acquires 34,022 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

Rockland Trust Co. increased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 702,651 shares of the company’s stock after acquiring an additional 34,022 shares during the quarter. ProShares S&P 500 Aristocrats ETF makes up about 2.9% of Rockland Trust Co.’s portfolio, making the stock its 7th largest position. Rockland Trust Co.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $73,125,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management lifted its stake in ProShares S&P 500 Aristocrats ETF by 1.5% during the 4th quarter. Brookstone Capital Management now owns 74,241 shares of the company’s stock valued at $7,726,000 after acquiring an additional 1,102 shares in the last quarter. Sherman Wealth Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter worth about $298,000. Centurion Wealth Management LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 3.9% in the fourth quarter. Centurion Wealth Management LLC now owns 74,854 shares of the company’s stock valued at $7,790,000 after purchasing an additional 2,803 shares during the last quarter. First City Capital Management Inc. lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 98.1% during the 4th quarter. First City Capital Management Inc. now owns 8,895 shares of the company’s stock valued at $926,000 after buying an additional 4,405 shares during the last quarter. Finally, Cushing Capital Partners LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 3.1% during the fourth quarter. Cushing Capital Partners LLC now owns 28,063 shares of the company’s stock valued at $2,921,000 after purchasing an additional 850 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL stock opened at $106.01 on Wednesday. The stock has a market capitalization of $12.02 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The company’s fifty day simple moving average is $110.29 and its two-hundred day simple moving average is $106.17. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $115.31.

ProShares S&P 500 Aristocrats ETF Profile

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is an exchange-traded fund that is based on the S&P 500 Dividend Aristocrats index. The fund tracks an equal-weighted index of S&P 500 constituents that have increased dividend payments annually for at least 25 years. NOBL was launched on Oct 9, 2013 and is managed by ProShares.